LECO - Mergers and acquisitions

Acquisition Expands Lincoln Electric's Portfolio of Proprietary Maintenance and Repair Solutions with the Addition of New Wear Plate Technologies and Engineering Services Lincoln Electric Holdings, Inc. (NASDAQ:LECO) (the "Company") announced today that it has acquired the remaining 65% interest in Alloy Steel Australia (Int) Pty Ltd. and its related businesses ("Alloy Steel"). The Company acquired an approximate 35% ownership interest in Alloy Steel on April 1, 2025, and following the completion of this transaction, the Company fully owns Alloy Steel. Alloy Steel is a privately held manufacturer of maintenance and repair solutions headquartered in Perth, Australia. It supplies propriet

Positions Lincoln Electric as a Leader in Mobile Power Solutions in the Maintenance and Repair Service Truck Market Lincoln Electric Holdings, Inc. (NASDAQ:LECO) announced today that it has acquired Vanair Manufacturing, LLC ("Vanair"), a privately held, Michigan City, Indiana-based, manufacturer of mobile power solutions serving the U.S. service truck market. Vanair offers the industry's most comprehensive portfolio of mobile power solutions, including vehicle-mounted compressors, generators, welders, hydraulics, chargers/boosters, and electrified power equipment. Their extensive equipment portfolio complements Lincoln Electric's maintenance and repair consumable offering and builds upon

Complements Lincoln Electric's Automated Material Handling and Testing Solutions and Expands Capabilities with Integrated Production Data and Analytic Software Solutions Lincoln Electric Holdings, Inc. (NASDAQ:LECO) announced today that it has acquired RedViking, a privately held automation system integrator based in Plymouth, Michigan, U.S. RedViking specializes in the development and integration of state-of-the-art autonomous guided vehicles (AGVs) and mobile robots, custom assembly and dynamic test systems, and proprietary manufacturing execution system (MES) software. The company serves customers in the aerospace and defense, transportation, and general industry sectors. This press r

CLEVELAND, May 03, 2023 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (NASDAQ:LECO) announced today that it has acquired Powermig Automação e Soldagem Ltda. ("Powermig"), a privately held automation engineering firm headquartered in Caxias do Sul, Rio Grande do Sul state, in Brazil. Powermig specializes in designing and engineering industrial welding automation solutions for the heavy industry and transportation sectors and has an annual revenue of approximately USD$15 million. "We are pleased to welcome the Powermig team into our industry-leading automation portfolio," stated Christopher L. Mapes, Lincoln's Chairman, President and CEO. "The addition expands our automation capabilit

CLEVELAND, March 01, 2022 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (NASDAQ:LECO) announced today that it has acquired Kestra Universal Soldas, Indústria e Comércio, Importação e Exportação Ltda. ("Kestra"), a privately held manufacturer headquartered in Atibaia, São Paulo State, Brazil. Kestra manufactures and provides specialty welding consumables, wear plates and maintenance and repair services for alloy and wear-resistant products commonly used in mining, steel, agricultural and industrial mill applications. Kestra advances Lincoln Electric's 2025 Higher Standard strategy in South America by broadening its specialty alloys portfolio and services. Kestra's annual revenue is

CLEVELAND, July 28, 2021 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (NASDAQ:LECO) announced today that it has acquired Overstreet-Hughes Company, Inc. ("Fabricated Tube Products," "FTP") and Shoals Tubular, Inc. ("Shoals"). FTP and Shoals manufacture copper and aluminum headers, distributor assemblies and manifolds in the United States and Mexico for the HVAC sector and have combined annual sales of approximately $50 million. The addition of FTP and Shoals further differentiates The Harris Products Group's competitive position serving HVAC OEMs with a comprehensive portfolio of solutions for the fabrication of HVAC coils, and the acquisition accelerates their growth in this attra